£64,918
This estimated value is based upon the latest sale price for the house of £52,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for BLACKBURN WITH DARWEN 1
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| Price Paid | Date |
|---|---|
| £52,000 | 6 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 sq feet |
This model uses changes in the Official Land Registry House Price Index for BLACKBURN WITH DARWEN to estimate the market value.
When this house was purchased in July 2018 the House Price Index for BLACKBURN WITH DARWEN was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £52,000 results in an estimated price of approximately £64,918.
| 6 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £52,000 | £12,918 | £64,918 |
The Postcode Pricing Model uses changes in average sales price within the BB2 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -3.840 % | £-1,996 | £50,003 |
| 3 Month Average | 1.534 % | £797 | £52,797 |
| 6 Month Average | 5.874 % | £3,054 | £55,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £103,398 | £102,500 | 375 BOLTON ROAD |
| 15 Dec 2023 | £62,418 | £60,500 | 523 BOLTON ROAD |
| 29 Nov 2023 | £71,823 | £70,000 | 313 BOLTON ROAD |
| 28 Mar 2023 | £73,731 | £72,500 | 232 BOLTON ROAD |
| 20 Mar 2023 | £83,393 | £82,000 | 409 BOLTON ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 12 Sep 2017. Using an estimated price of £64,918 means this house is valued at £746 per sq meter (£69 per sq foot).
The average size of a house on BOLTON ROAD is 81 sq meters (882 sq feet).